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20121201
20121231
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KPIX (CBS) 2
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CBS
Dec 30, 2012 6:00pm PST
and senator mcconnell will get us back on track. >> reporter: this evening leader reid announced there would be no vote tonight and that the senate would reconvene tomorrow morning. at this point both the house and the sflat would feed to vote on a plan tomorrow to give the president something to sign before the deadline. nancy cordes, cbs news on capitol hill. >> jeff: the pressure on congress to reach a deal on the fiscal cliff is great. failure would be felt almost immediately in paychecks as taxes go up. and in financial markets as wall street reacts. even though the dow is up nearly 6% for the year if lost 2% this week as the deadline looms. for more on the potential impact of wall street i'm joined by jim awad chairman of plimsoll. let's talk about the fiscal uncertainity is figuring on wall street. >> it is figuring in an increasingly negative way. the markets are become increasingly concerned that business and consumers will pull back due to the uncertainty about tax and spending. and it's affecting the financial markets and the economy. >> jeff: a slow day tomorrow but how do you th
CBS
Dec 8, 2012 6:00pm PST
from the military that anything other than dialogue among the political parties would "force us into a dark tunnel with disastrous consequences." but the bickering is likely to go on. morsi still needs to form a but sadly seetion, says khalid is not acting as a president. >> reporter: the muslim brotherhood's head office was wrecked by opposition supporters an act former is supreme leader mahdy akef called criminal. "what is happening in egypt is not egypt" he said. st process. opposition supporters have laid virtual seize to the residential palace and zereatening further unrest if the president doesn't back down. what can the opposition do about this? andhe opposition is helpless and is divided and is without division. >> reporter: that leads the streets for what passes as political discourse and the army arreferee. it's a role they may have to tll for some time. morsi is insisting a referendum a held next weekend to vote on a constitution written by his party and its islamist allies. mistopposition wants one drawn ts ohat represents everyone's interests. maurice. >> dubois: a
Search Results 0 to 1 of about 2